THE FINANCIAL SITUATION.
The Colonial iplrfced before ■Parliament i a : statement 'as'tovUhe presenfc^fihahdial'posiMon of the colony, ass&nSih'g the. Qovernment proposal^, as *fio\y revisedj to be carriedout, and effect, given to the reductions, agreed- upon.by t&g'TSiiu'se. mated ak£3^ 240, OOO^as in th f e_Mnancial Sfcatenient^'bufc'fcnB 1 "e^timattecl experidi-: ;rt«re rhasi beeii7re.ducedifr.pmi £3/^3, S)9 (t0a£3;245,-723i.:> /The, idecKeas^-has bja?n effected, W-lolLp'va j^-ißed^totioptf ?:ma3e of Supply (£1*67,470, less £15,150 ior Audit arid iAgeut^General rdjepajtments, -p;ostp,Qned), -£lp^^0:) •ten^^r^ant.. on ,-salar^es,; «&c* t rfp,i; ei"gliKm(s.n,tjiSj £'(J6,6.66 ; net experiaiture 1 ' as s^qvf .^£^2,4^^2^.' consequent on the reductions in "salaries £75,760^15^1^ the total estimated. ex 4 penditn-W This v^oi^ld leave— a-dpficit ol.^QQjATS.ifeut. aV i^ .is jestimafce4 that*;-£225.QW) vUfMU&Sye' 'toVar i %l,up(i fb§feMn€ed^,Wltßip|he tKei'e A BTi'6uia pi an smplus of £134,526- ftheti'-the Treasury books araypJpsedf^n-Sl^t'rSlarch, 1.851.^ -. But assttrn'ing "iliß^reTenu^ nn<3> 'expenditure" '< to continnevat tlfe'same rate during the there will' be a,defi.ciei)6y~"pn 31st '.March, ; 1882 lof^'plif 5 ; :althou^i the %alaf re:» payable at 31st^j:a.rph, . ,1880), will b| in force. for the •w-lfjoK'" 12* moritlis instead of dur- • ingr" ■ ojily ivß.^,mqnths. ; -as^ iii yeai 1 ,: .there , : iad^ti t 9n^y^nt.<^r < est ■an disinJsUig/fuJiid. payable, a'moun,ting 3 to £78,273, which: leaves " a ,'p'ro^pective Ae&eib Ifcf { ,the : >ijii^f; : .jnext /y.ear. r ; u T^e;,;oJ)jftet J gf..these/,fig'ur l es, ,-ia ;of course to show -that every pei>py r p f f 7^the, : prop^osed^ta^ajtjlpnryjill T.b^ absolutely *c-; -there Iwiff stilt rSjuain a deficiencjrat^lie " end of the financial year, 1881-2.
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Bibliographic details
Poverty Bay Herald, Volume VII, Issue 1110, 1 September 1880, Page 2
Word Count
232THE FINANCIAL SITUATION. Poverty Bay Herald, Volume VII, Issue 1110, 1 September 1880, Page 2
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